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Global Aircraft Health Monitoring System Market 2014-2018: Rise in Partnerships among MRO Vendors Captures More Market Share
M2 - Mon Mar 10, 9:11AM CDT
Research and Markets (http://www.researchandmarkets.com/research/95t87h/global_aircraft) has announced the addition of the "Global Aircraft Health Monitoring System Market 2014-2018" report to their offering. The analysts forecast the Global Aircraft Health Monitoring System market to grow at a CAGR of 2.19 percent over the period 2013-2018. One of the key factors contributing to this market growth is the necessity of electronics in aircrafts. The Global Aircraft Health Monitoring System market has also been witnessing the increase in MRO partnerships. However, the complex regulatory requirements could pose a challenge to the growth of this market. Key vendors dominating this space are Airbus SAS, Boeing, GE Aviation, and Pratt & Whitney. Other vendors mentioned in the report are Acellent Technologies Inc., Aero Sekur SpA, Cedrat Technologies, Crane Aerospace & Electronics, Eaton Corp., Embraer-Empresa Brasileira de Aeronautica, Goodrich Corporation, Lufthansa Technik, Meggitt Plc, Mitsubishi Heavy Industries, MTU Aero Engines AG, Phase IV Engineering, Inc, Rockwell Collins, Rolls-Royce Group PLC, and TE Connectivity Ltd. Commenting on the report, an analyst from the team said: The aircraft health management systems are directly related to the Global MRO market which is related to the maintenance of the aircraft fleet. This MRO market is expected to witness an increase in partnerships and alliances among OEMs and MRO vendors. With new-generation aircraft, more MRO companies are seeking partnerships with OEMs to secure their profits. Strategic cooperation has become imperative for maintenance firms, be it with manufacturers, airlines, other MRO providers, suppliers, or ideally a combination of these players. The significant rise in partnerships among the MRO vendors provides them with an opportunity to capture more market share. As MRO vendors are a major customer segment of aircraft health management systems, this integration of MRO vendors and OEMs is expected to have a positive impact on the market. According to the report, the Global Aircraft Health Monitoring System market is driven by several factors; one such driver is the growing usage of electronics in aircraft. This is mainly attributed to the increasing electronics efficiency and its decreasing prices. For more information visit http://www.researchandmarkets.com/research/95...l_aircraft About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Esterline Acquires Sunbank -- a Leading U.S.-Based Connector Accessory Company
Marketwire - Fri Dec 20, 8:00AM CST
Esterline Corporation (NYSE: ESL) (www.esterline.com), a leading specialty manufacturer serving global aerospace and defense markets, announced today that it has acquired Joslyn Sunbank Company, LLC (Sunbank) for approximately $45 million, plus up to $5 million in earn-out consideration. Sunbank, a unit of Meggitt PLC, is a Southern California-based supplier of connector accessories, backshells, and conduit systems for aerospace and industrial markets. The company employs approximately 500 people between its facilities in California and Mexico.
Global Commercial Aircraft Health Monitoring Systems Market Report 2013
M2 - Wed Dec 18, 4:11AM CST
Research and Markets (http://www.researchandmarkets.com/research/hld28x/global_commercial) has announced the addition of the "Global Commercial Aircraft Health Monitoring Systems Market Report 2013" report to their offering. Aircraft health monitoring systems (HMS) are on-board sensors that are installed to measure parameters related to the health of an aircraft. The HMS market in this report is segmented as aircraft type, HMS type and region wise. The aircraft type taken into consideration for this report include very large aircraft, wide body aircraft, narrow body aircraft and regional transport aircraft. HMS type includes aero-propulsion system, aircraft structures and ancillary systems. The regions covered in this report are North America, Europe and ROW. Health monitoring systems pave the way to increase the operational efficiency of an airline. The major benefit of HMS is that it decreases the frequency of Aircraft on Ground time, which translates into cost savings. Aircraft health monitoring systems can convert the need for unscheduled maintenance into a predictable and controllable activity. In order to reduce these maintenance costs and to improve flight safety, proactive maintenance at a very early stage of damage development is possible with the help of an aircraft health monitoring system. Key Topics Covered: 1 Introduction 1.1 Key Takeaways 1.2 Report Description 1.3 Markets Covered 1.4 Stakeholders 1.5 Research Methodology 2 Executive Summary 3 Market Overview 3.1 Market Definition 3.2 Aircraft Health Monitoring Systems Overview 3.3 Benefits Of Aircraft Health Monitoring Systems 3.4 Technological Advancements 3.5 Market Segmentation 4 Market Dynamics 5 Market Analysis & Forecast 6 Competitive Landscape 6.1 Concentration Of Aircraft Health Monitoring Systems Companies 6.2 Aircraft Health Monitoring Systems Market Shares, By Companies 7 Company Profiles Companies Mentioned: - Acellent Technologies Inc - Aero Sekur - Airbus - Boeing - Cedrat Technologies - Crane Aerospace & Electronics - Eaton - Embraer - Ge Aviation - Goodrich Corporation - Lufthansa Technik - Meggitt Plc - Mitsubishi Heavy Industries - Mtu Aero Engines - Phase Iv Engineering Inc - Pratt & Whitney - Rockwell Collins - Rolls Royce - Rsl Electronics Ltd - Te Connectivity For more information visit http://www.researchandmarkets.com/research/hl...commercial
National Technical Systems, Meggitt PLC Sign Wide-Ranging Business Alliance
PR Newswire - Mon Nov 04, 5:00AM CST
National Technical Systems, Inc. (NASDAQ: NTSC) (NTS), a leading provider of testing and engineering services, announced today that it has signed a wide-ranging national general services agreement with Meggitt PLC, a UK-based global engineering group that specializes in extreme environment components and sub-systems for aerospace, defense and energy markets.
Worldwide Commercial Aircraft Health Monitoring Systems Market Report 2013 - 2017
M2 - Wed Oct 16, 9:50AM CDT
Research and Markets (http://www.researchandmarkets.com/research/q2psfs/global_commercial) has announced the addition of the "Worldwide Commercial Aircraft Health Monitoring Systems Market 2013 - 2017" report to their offering. The current market size is estimated to be US$896 Million Aircraft Health Monitoring System (HMS) is an evolving technology that takes a proactive maintenance approach rather than an existing reactive maintenance model. HMS approach enables aircraft maintenance engineers to replace a component and thereby avoid AOG (Aircraft on Ground). The main objective behind this report is to identify the emerging trends in this growing market and understand the market dynamics during the study period 2012-2017. Aircraft Health Monitoring System (HMS) is expected to grow at a CAGR of 2.06% during the forecasted period (2012-2017). Aircraft HMS market covers Aero-propulsion systems, Aircraft structures and Ancillary systems. The Aero-propulsion systems include power units, engines and other mechanical systems that are driven by primary and auxiliary power units. Aircraft Structures include all the structural elements of an aircraft and its sub-systems. These aircraft structures include fuselage, flight control systems, wings and others. The Ancillary systems are used to ensure safety and reliability perspectives and these systems include brakes, power distribution systems, environmental control systems etc. Application Aircraft HMS can provide more significant benefits of quicker and reliable maintenance and will also reduce the cost of ownership and ensure safety. The health monitoring systems for aircraft is segmented into three types of HMS as Aero-Propulsion systems, Aircraft Structures and Ancillary Systems. The market size estimation will be $896.0 million in 2012 to $992.0 million in 2017. The estimated CAGR for 2012 to 2017 is 2.1%. Revenues for the global market can be projected to increase year on year, on an average of 2.1%. The Aircraft Health Monitoring Systems Market is projected to increase over the forecast period from 2012 to 2017. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Market Overview 4 Market Dynamics 5 Market Analysis & Forecast 6 Competitive Landscape 7 Company Profiles - Acellent Technologies Inc - Aero Sekur - Airbus - Boeing - Cedrat Technologies - Crane Aerospace & Electronics - Eaton - Embraer - Ge Aviation - Goodrich Corporation - Lufthansa Technik - Meggitt Plc - Mitsubishi Heavy Industries - Mtu Aero Engines - Phase Iv Engineering Inc - Pratt & Whitney - Rockwell Collins - Rolls Royce - Rsl Electronics Ltd - Te Connectivity For more information visit http://www.researchandmarkets.com/research/q2...commercial
Meggitt PLC Executive Named 2015 SAE International President Nominee
PRWeb - Wed Oct 16, 7:07AM CDT
SAE International's Executive Nominating Committee (ENC) named Richard Greaves, PhD, as its candidate for 2015 SAE International President. Dr. Greaves is Chief Technology Officer at Meggitt PLC. The announcement of Dr. Greave's nomination was made during the SAE 2013 Commercial Vehicle Engineering Congress.
Meggitt Sensing Systems Celebrates Consolidation and Growth in Southern California
PR Newswire - Thu Sep 12, 5:22PM CDT
Meggitt PLC, a global engineering group specializing in extreme environment components and smart subsystems, is focusing on California to expand sensor and electronics manufacturing. Facilities in San Juan Capistrano, California, and Londonderry, New Hampshire, are being consolidated into a 190,000-sq.-ft. location in Irvine where Meggitt expects to grow its workforce to nearly 500 over the next five years with an investment of $24 million. A grand opening ceremony was held on Thurs., Sept. 12, 2013.
Department of State Concludes Settlement of Export Violations by Meggitt-USA, Inc.
M2 - Sun Aug 25, 11:18PM CDT
Washington, DC